Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

TVNZ secures $250 million contract

TVNZ has today announced major Australian contracts worth up to $250 million over five years.

The first contract, with NTL Australia, is for the operation and ongoing maintenance of broadcasting sites for ABC and SBS television and radio services throughout Australia. These are now owned by NTL Australia. A second contract covers design and engineering services for upgrades, replacements and new work.

Earlier in the year TVNZ, through its subsidiary TVNZ (Australia), was a member of a consortium seeking to purchase the National Transmission Agency of Australia from its then owner, the Australian Government.

Although that bid was not accepted, TVNZ (A) has subsequently been successful in negotiating expanded contracts worth up to $250m over five years with the new owners, NTL Australia. As a result TVNZ (Australia) will be expanding its current operations and maintenance activities from just three regions (Queensland, South Australia and Northern Territory) to all states throughout Australia.

TVNZ Chief Executive, Rick Ellis, says these contracts will under-pin TVNZ Australia’s business well into the new millennium and expand its presence to over ten offices throughout the country.

“In addition these agreements will enable TVNZ to play a key role in the introduction of new digital broadcasting services due to be established throughout Australia commencing in January 2001.”

“This is a tremendously exciting development for TVNZ’s operations in Australia, recognising, as it does, the international expertise we have to offer,” says Mr Ellis.
ends

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: